CryptoNews

Standard Chartered: Second Trump Term Would Be 'Broadly Positive' for Crypto Markets

Standard Chartered Bank predicts that a second term for the Trump administration would create a favorable regulatory landscape, leading to a positive outlook for the crypto sector. The bank has revised its forecast citing improved market sentiment after cautioning that bitcoin’s price could drop to the $50K range. Standard Chartered on Trump and Crypto Standard Chartered Bank’s head of FX…
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AI & RoboticsNews

Espresso AI emerges from stealth with $11M to tackle the cloud cost crisis

Espresso AI, a stealthy Silicon Valley artificial intelligence startup, has raised over $11 million in seed funding to bring the power of AI to perhaps the biggest challenge in enterprise computing today: reining in runaway cloud costs. The funding includes a seed round led by Daniel Gross and Nat Friedman, and a pre-seed round led by Matt Turck at FirstMark, with participation from industry…
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DefenseNews

How to further strengthen the Defense Production Act

The House Financial Services Committee’s hearing this week on the reauthorization of the Defense Production Act is timely and important. The DPA is an essential tool for national security that was little known prior to COVID-19. Its use during the pandemic helped the U.S.
DefenseNews

Lockheed Martin to roll out first F-35s for Poland this summer

WARSAW, Poland — Senior Lockheed Martin officials said they expect the first F-35 warplanes for Poland to leave the production plant in Fort Worth, Texas, in the coming months, a time line unaffected by the company’s problems with a major upgrade for the aircraft known as Technology Refresh 3, or TR-3. The envisioned timing lines up with Polish pilot training, which is slated to begin in the…
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Cleantech & EV'sNews

Lucid (LCID) shares Q1 2024 numbers: Deliveries and revenue are up year-over-year

Ahead of its call with investors this afternoon, Lucid Motors has posted its Q1 2024 financial results. The numbers aren’t mind-blowing, but the American automaker is making slow improvements in EV deliveries and revenue as it gears up to launch its second model later this year. Today’s full Q1 2024 financial report follows a peek at delivery numbers Lucid Motors ($LCID) made public in April.
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